Third Quarter 2024 Financial Results Video Conference Call
Wishpond recently reported its Q3-2024 financial results and hosted a live webinar where Wishpond’s CEO and CFO discussed the company’s financial performance and business developments.
Key Highlights:
- Achieved Adj. EBITDA of $0.6 million in Q3-2024, an increase of 79% compared to Q3-2023.
- Achieved Adj. EBITDA margin of 11% in Q3-2024 as a result of cost optimizations and restructuring of its sales team.
- Generated positive cash flows from operations of $0.2 million in Q3-2024.
Ali Tajskandar, CEO and Chairman of Wishpond, commented, “Wishpond is making exciting strides with its new flagship product, SalesCloser AI, a revolutionary virtual sales agent which leverages artificial intelligence to conduct sales calls and product demos. We are actively exploring new sales outreach programs and potential channel partnerships to expand SalesCloser’s reach, unlock new customer opportunities, and drive broader adoption of the platform. Collaborations like our recently announced partnership with Roomvu are an excellent example of how a partner can provide us with greater and more efficient access to a potential customer base. Furthermore, we are seeing a steady increase in bookings for SalesCloser demos each day. As we broaden the platform’s rollout, we anticipate that SalesCloser will be a key contributor in driving new growth to our business in 2025.”
Click the link below to watch the webinar:
